Reservoir granted two exploration permits for gold in Gabon
Thursday, Jan 31, 2013Reservoir Minerals Inc. ("RMC" or the "Company") (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)
Company geologists reviewed geochemical data obtained during 2005 - 2009 under the auspices of the European Union funded SYSMIN project, and recognized the gold exploration potential of the Mitzic and Boumango exploration permits. Field verification sampling by the Company's exploration teams has validated both the tenor and distribution of the gold-in-soil geochemical anomalism.
Maps showing the location of the exploration permits with relevant geology and geochemistry are provided on the Company website (www.reservoirminerals.com).
Dr. Simon Ingram, President and CEO of Reservoir Minerals commented: "Reservoir Minerals is pleased to have been granted the first exploration permits over two areas, in which robust kilometer scale gold-in-soil geochemical anomalies have been confirmed by the Company's geologists. The Company now looks forward to undertaking the first systematic exploration program for gold in these permit areas."
Other Mining News
- Mining industry applauds the Canadian government for new trade agreements in Africa
- Newcrest Mining Limited - Wafi-Golpu Project update - underground exploration planned at Golpu
- Champion enters into arrangement agreement with Mamba
- Sirocco announces temporary reduction in production at Aguas Blancas